Tough conditions imposed by global lenders could cause an outcry.
The situation in Greece worsened with banks closed for a 2nd week.
Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal
Tsipras asked to keep a discount on value added tax for Greek islands, stretch out defence spending cuts and delay the phasing out of an income supplement to poorer pensioners
A possible merger of Reliance Communications of India and South Africa's MTN could see Anil Ambani become the enlarged group's chairman and biggest shareholder with a stake of almost 35 per cent.
Like Bharti, India 's largest mobile operator, Reliance has global aspirations. After losing last year's keenly-contested $11bn takeover of Hutchison Essar, India 's fourth-largest mobile operator, to Vodafone of the UK, Reliance needs to raise its game or risk becoming an also-ran.
Verizon Communications, the second-largest US telecommunications group, is to expand its global communications network to provide its multinational corporate customers in fast-growing markets like China and India with additional services. The decision comes as US telecommunications groups including AT&T increasingly look outside their domestic market for revenue growth from higher value added services.
The bank's report found that small and medium-sized companies were particularly unprepared, with eight out of 10 yet to take any action to evaluate opportunities, compared with 58 per cent of larger businesses. Even though there are more than four years to go to the 2012 opening ceremony, the bank's experts warned companies should already be taking steps to secure a slice of the economic windfall.
A week before a good friend's wedding in Jodhpur, I am starting to panic. What is the difference between a casual shalwar kameez and a dressy shalwar kameez? Should I go sari-shopping in Southall or Mumbai? I flick through old issues of Hello! magazine, looking at Liz Hurley dressed up as an Indian princess for her wedding, courtesy of her famous designer friends: Versace, Valentino and Cavalli. My panic mounts.
Several other European airlines have considered entering the corporate jet market, including KLM, the Dutch subsidiary of Air France-KLM, which has recently investigated the fledgling market for air taxi jet operations with four-seat very light jets. KLM has shelved the project, however, and to date only Lufthansa is pressing ahead with the development of its own fleet.
Apple, Research In Motion and ZTE Corp joined the ranks of the world's 10 largest mobile phone makers in 2007, underlining how technology advances and emerging markets are producing a new cast of winners and losers in the industry.
AT&T has applied for a mobile licence in India in partnership with Mahindra Telecommunications, a local telecoms company, and Mr de la Vega said it was hoping to acquire spectrum for its wireless services.
Air France-KLM is planning to invest directly in the US airline industry for the first time by taking a minority stake in the group expected to be formed from a merger of Delta Air Lines and Northwest Airlines, the number three and five US carriers.
The iPhone was not the first touch-driven handset when it launched last year, or even the fastest for internet browsing over standard cellular networks but the impact of Apple's consumer smartphone on the world's handset business still reverberates through the telecom industry.
Almost half of all small business owners feel the evolution of the Internet has made it harder to run a company, according to research by Cranfield School of Management.
However, the world's largest non-alcoholic drinks company said that it remained well-placed to face any slowing in US consumer demand, as it reported results supported by strong international growth.
Google's comments echo figures released recently by AT&T and O2, which carry the iPhone exclusively in the US and UK respectively.
When one door closes, another one opens. On Thursday the prison gates clanked shut behind Martin Lukes in Florida but, in London, the door of an office inside Accenture swung ajar, revealing Mark Foster, a middle-aged white man with a long-winded title.
Family businesses and their inter-generational conflicts are rich fodder for Hong Kong scriptwriters. TV series including Steps (ostensibly about ballroom dancing), The Drive of Life (the Chinese car industry) or Best Selling Secrets (a media conglomerate) all feature an elderly patriarch presiding over a sprawling family business.
The UK group bought a 52 per cent stake in the Indian company in May, which is now called Vodafone Essar. Mumbai-based Essar Group owns 33 per cent, with Asim Ghosh, Vodafone Essar managing director, and Indian businessman Analjit Singh owning the remaining 15 per cent.